Tough talks on cars, currency to dominate U.S.-Japan negotiations
The U.S. and Japan are headed for difficult negotiations on autos and currency commitments, among other issues, in negotiations for a bilateral trade deal that could jeopardize cooperation between the two countries in dealing with China, sources tell Inside U.S. Trade. Japanese Prime Minister Shinzo Abe, long wary of entering into bilateral negotiations with the U.S, agreed to begin them in late September amid sustained threats of Section 232 tariffs on Japanese cars. U.S. Trade Representative Robert Lighthizer notified...